Tag: loan fraud
William Thomas Engle, Loan Fraud, Texas 2020
⏱ 2 min read A 68-year-old former attorney from Southlake, Texas, has been sentenced to 9 years in federal prison for running an $8 million loan fraud scheme that preyed on small business owners. William Thomas Engle promised his victims multi-million-dollar loans in exchange for up-front funding, which he then used to fuel his own…
Christine Gendron, Loan Fraud Conspiracy, Massachusetts 2025
⏱ 2 min read A 62-year-old former certified public accountant from Longmeadow, Massachusetts, has been sentenced for her role in a massive loan fraud conspiracy. Christine Gendron, along with her sister and brother-in-law, defrauded commercial lenders out of nearly $20 million over a four-year period. The scheme involved providing false and fraudulent rent rolls and…
Frank Hamilton, SBA Scam, California 2023
⏱ 2 min read RELATED: Stolen Ride, State Lines: OK Man Admits Transporting Hot Car SEE ALSO: Meth Dealer Gets 20 Years PHILADELPHIA – Frank Hamilton, a 55-year-old from Simi Valley, California, is headed to federal prison for 5.5 years after admitting he masterminded a brazen scheme to rip off banks and the Small Business…
Frank Hamilton, Loan Shark Scheme, California 2023
⏱ 3 min read Frank Hamilton, 55, of Simi Valley, California, is headed to federal prison for 5 and a half years after admitting he helped a network of crooks fleece banks and the Small Business Administration out of $6.09 million. Judge Wendy Beetlestone handed down the 66-month sentence in Philadelphia yesterday, along with two…
